Finsbury Solutions: COREP reporting – are we going to meet the deadlines?

Banks are racing to comply with the new COREP reporting ready for Q12014.

The question is:  Are they going to make it?

For some projects this is just an extension of their existing regulatory reporting and is not a great problem.  However the word on the street is that there are quite a few projects that are falling behind.

There are two primary reasons for delays:

- Late starters – projects that only recently got started

- Implementation problems.

We saw similar issues with

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